It's a busy week with everything from politics (what's next for Italy), central banks (the ECB and BOJ), China's NPC, and US payrolls, where all eyes will be on the average hourly wages print, the catalyst that started the latest period of market volatility one month ago.
Jeff Bezos is set to conquer yet another industry: Amazon is currently in talks with several of the country's largest banks to launch a checking-account-like product, the WSJ reports.
What started off as a sea of red, with S&P futures tumbling as much as -25 points ahead of the European open, has managed to rebound notable and stabilize, with most Asian and European markets now green.
Italy’s anti-establishment groups Five Star Movement and the Northern League surged in Sunday’s election as voters punished the mainstream parties for years of economic decline, rising taxes and a wave of immigration, casting doubt over the country’s future political direction.
In the latest Goldnomics latest podcast, we consider whether the gold price will reach $10,000 per ounce in the coming years and what factors will drive prices.
Investigators are just beginning to piece together the exact mechanics that allowed a celebrity jeweler to pull off the largest financial fraud in modern Indian history.
This week alone should offer a return to the times when intra day volatility allowed for price discovery is a little quicker than we normally see we are starting to see signs that macro themes are likely to become a little more mixed
"The decision obviously is [Trump's], but as of the moment as far as I know he's talking about a fairly broad brush. I have not heard him describe particular exemptions just yet."
"A full-scale trade war is now upon us. It will shake markets and be a major headwind for world growth. It will get ugly fast and the world economy will be collateral damage. Today looks like a replay of the 1930s... Next comes the shooting war... will be tantamount to World War III."
Contrary to the recently-heard narrative that markets fade and churn at highs before grinding lower, with folks saying there is “no real violence” at the inflection-point, actual market data shows something very different...
Ahead of Sunday's Italian election, investors are feeling sanguine, still, the vote has the potential to throw them a curve ball. Below we comment on some of the key questions surrounding of the election.
As if markets did not have enough to worry about with this weekend's Italian election and SPD "grand coalition" referendum, overnight stocks were slammed by Trump doubling down on threats of global trade war coupled with a warning from BOJ governor Kuroda that Japan's QE may be coming to an end.
"Right now, the members of the policy board and I think that prices will move to reach 2 percent in around fiscal 2019. So it’s logical that we would be thinking about and debating exit at that time too"
"Let me describe to you where I think Jerome Powell is right now as he takes the reins at the Fed. I would liken Powell to General George Custer before the Battle of the Little Bighorn, looking down at an array of menacing warriors."
